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CNNW 7
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CSPAN 4
KPIX (CBS) 3
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English 30
Search Results 0 to 29 of about 30 (some duplicates have been removed)
CSPAN
Dec 23, 2012 10:05pm EST
the fiscal cliff, through the u.s. economy back into recession. it and recover from that until world war ii. host: a point from it. you can join the conversation on our twitter page. you can also send us an e-mail. we welcome your comments and phone calls. frank is joining us from new jersey. independent line. caller: it seems you guys are throwing around a lot of rhetoric. this is all we hear. look at what is happening in the united states as far as wages and productivity. it is a lopsided picture. productivity has gone up, wages have gone down, since 1973 until now. wages have only gone up 10.7%. we lost somewhere around 7% over the last years in wages. pensions are down. they were cut in half in the last 20 years. we are living in an economy based in the 1970's but we have taxes based on some idiotic profile that does not work. in the 1950's and 1960 pause when the taxes were highest, manufacturing grew and grew. we get to reagan, we lower the taxes, and everything goes down the tubes, for 30 years. not taxing the rich, who by the way, when everyone was losing money, they were making all
CNBC
Dec 31, 2012 9:00am EST
troubles for the u.s. economy if a deal to avert the fiscal cliff cannot be reached. jpmorgan's chief u.s. economist will join us live a little later on to explain the biggest risks in his view now that investors face. we're back in two. >>> if lawmakers fail to create a plan to avoid the fiscal cliff by january 1st, federal work study will be cut by over $76 million. and over 51,000 fewer students would receive aid. [ male announcer ] this is joe woods' first day of work. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. i'd like to be optimistic. but it looks like they're going to blow. >> the real linchpin is whether john boehner can bring his troops along. that's a real tough one
CBS
Dec 28, 2012 5:00am PST
to reach an agreement or the u.s. economy will go off the so- called "fiscal cliff." that's when automatic spending increases and cuts would take effect. reaching a deal won't be easy because both sides are involved in a high stakes political blame game. >> we are here in washington working while the members of the house of representatives are out watching movies and watching the kids play soccer and basketball and doing all kinds of things. they should be here. >> i told the president we would be happy to look at wah he proposes but the truth is we are coming up against a hard deadline and as i said this is a conversation we should have had months ago. >> reporter: democrats want to extend the bush-era tax cuts to everyone except those americans making $250,000 or more a year. many republicans are against any tax increases. most americans just want something to be done. >> people are just tired of partisanship and they want everyone to come together. >> reporter: if lawmakers don't reach a deal by january 1, many economists are concerned it could eventually lead to another recession. i'm
CSPAN
Dec 27, 2012 1:00pm EST
the bill through without pulling the fiscal cliff, our economy will improve the tax revenues from that will be more than he would get from the rich now. host: appreciate the call. let's go to oklahoma, a line for republicans. caller: i am so disgusted with both political parties. it seems they are putting their party before their country. and i want these politicians to know they are the ones that have been up there for years and spent all this money and now the average person will be the one who will have to pay, and i believe they are being bought off by the 2%. right is right, wrong is wrong, and to take away from the needy and cut food stamps from people who qualify -- it takes an act of congress to qualify. i cannot understand that these people are protecting the 2% of the country. host: jefferson city, missouri, you are on. go ahead. caller: yeah, i think boehner should be removed from the speaker of the house, and president obama should be in and his entire staff, including hillary clinton. i do not know if you have noticed but nancy pelosi, her eyes are consistently dilate
FOX Business
Dec 28, 2012 4:00pm EST
the fiscal cliff dividend taxes could triple. and that would have a significantly negative impact on our economy's ability to sustain growth. and think about, you know, this idea, this false idea, frankly, that it won't impact anybody that makes less than 250,000 or whatever the cap is you want. >> right. >> our average age of people that own dividend-paying stocks is about 65 years old. their average income is between 70 to $75,000. yeah, they're not subject to the $250,000 but in fact, if you reduce the after tax yield of these kinds of investments that people select because of their low risk and they use the dividends to supplement their retirement income, if you reduce the after tax yield, stock values drop. we have already seen that. david: because of all this breaking news i want to bring you back and i really want to focus you a little more specifically and dividend tax is something you're hot about but i want to talk to you about whether you're getting squeezed. i'm looking at 300 to $400 billion gap the president will have even after the tax increases. i think he will go after y
MSNBC
Dec 29, 2012 12:00pm PST
is that the fiscal cliff is a way that we would put a ton of economic damage in the economy and a lot of uncertainty about whether washington can govern. but just as important or using that fiscal cliff and not going over it and using that moment to put that bigger debt deal that you were talking about into place and it seems that policymakers who all know we need to do it with both the spending, and just unwilling to make the hard choices and that will be another december and if we have some kind of bipartisan punt that makes the situation worse, not better and citizens across the country and they shouldn't expect this, and in the long run. >> and it has not been able to come under -- this is what he wrote of you, in part, quote, she, like pretty much all of the deficits go, actually empowers hyperpartisanship by always condemning both sides equally no matter who is, and in practice, these days that almost always means making excuses for hard liners and the gop. are you an excusemaker? >> listen, anybody who is a member of congress was elected and sent there. that means that they reflect the voters
CNN
Dec 28, 2012 4:00am PST
. state department says it is willing to talk more about keeping the children safe. >>> fiscal cliff isn't the only threat to the u.s. economy. get a load of this. the container cliff. nearly 15,000 dockworkers from maryland to texas are threatening to strike, starting sunday, which could shut down more than a dozen key shipping ports and cripple commerce across the country. dock on workers are demanding higher container royalties to boost their pay. >>> did the newtown school shooter have an evil gene? scientists at the university of connecticut will study adam lanza's dna to see if a mutation or ab normality could have made him more violent? this is the first study of its kind on a mass killer. >>> jockeying started for john kerry's senate seat, even before it's vacant. massachusetts congressman ed markey throwing his hat into the ring in kerry becomes secretary of state, which is expected, a special election will be held early this summer. markey is the first prominent candidate to declare for the race. >>> love this story. paying it forward by paying it backward. a story of rampant g
MSNBC
Dec 28, 2012 1:00pm PST
are essentially looking over the abyss of the fiscal cliff, and i know you have said in the past let's just go over the cliff and start from scratch. do you still think that's the way to go? >> i do. actually, i hope they never come to a deal because this is the best deficit reduction package the democrats are ever going to get. but let's look at what really is going to happen here. i would be more surprised if they came to a deal in the next five days than i was by the roberts vote on obama care. there's no way these guys are going to come to a deal, and the reason is this. the president has got the upper hand, and his most important partner is the weakest person in this, which is john boehner. john boehner is on the verge of losing credibility with his caucus. he can't take a deal to his caucus that will pass without the help of nancy pelosi, which will pull the entire deal to the left. so what they have to do is they have to go over the cliff. we're just talking about politics, we're not talking about finances here. they have to go over the cliff. that strengthens boehner's hands because no
CBS
Dec 28, 2012 6:00am PST
report suggests the looming "fiscal cliff" is forcing consumers to lose confidence in the nation's economy. the conference board says its consumer price index fell sharply for the second month. >>> a potential dock worker strike is possible on the east and gulf coast which threatens to cost the nation's economy billions. more than 14,000 longshoremen are ready to walk off the job sunday. a strike would shut ports from boston to houston. those ports move as much as 100 million tons of goods each year including everything from flat screen tvs, sneaker and snow shovels. >>> the housing market shows new signs of rebounding. the commerce department says sales of new homes increased by about 4.5% in november from the month before. that's the fastest pace in two years. >>> and that's your moneywatch. for more, stay with cbsmoneywatch.com. back to you. >> thank you. >>> with all the snow falling in the sierra, avalanche concerns are on the minds of many after two people died at resorts this week. cbs reporter neda iranpour asks, what's being done to keep skiers safe? >> reporter: it's on
CNN
Dec 28, 2012 2:00am PST
. not just the fiscal cliff with the potential threat to the economy, thousands of dockworkers from maine to texas could go on strike within days if their union can't reach a deal with major shipping companies. these are the workers who move goods from the nation's ports to the stores. >> everybody from your mom and pop retailer to your farmer, to the trucking company who has go in and pick up the containers at the ports. this will be felt not just at the local economy, but nationwide for everybody else who relies on these ports. >> one port official says east and gulf coast ports handle about $55 billion worth of cargo a month so a strike could have a major effect on the retail business. >>> land lines not going the way of the vcr just yet. older americans are slow to get rid of land lines and go mobile. the centers for disease control asked 20,000 households about trends throughout the year. the study found about 52% use cell phones for all of their cal calls, that's less than 2% increase from previous years. the older generation is slower to make the switch. >>> patrick democracy might
CNN
Dec 28, 2012 9:00am PST
the fiscal cliff, the fiasco as well as the debt ceiling debacle. richard, how is this playing out? we understand richard is not here. we're going to talk to richard a little later about this. >>> eurovision, a singing competition, a lot like "american idol." it's popular, trendy, everybody's watching it. it launched the careers of abba and celine dion. now the radio show which is paid for by the countries that participate in it, it's now in trouble. the economy is to blame. here's our reporter. ♪ >> reporter: cheesy music. kitsch costumes. ♪ and national stereotypes. ♪ for 58 years, the eurovision song contest has united europeans in a celebration of music and at times laughter. ♪ but as countries struggle to meet budget targets, frills are starting to take a back seat. portugal, poland, slovakia and boz that herzegovina say they're pulling out of the competition because they can't afford to win. the czech republic and greece are also reported to want out. >> it costs to perform, and it costs to stage it. and what do you get back? bluntly a bunch of hoopla and a few pom-poms.
FOX Business
Dec 26, 2012 9:20am EST
if the economy -- if we go off this fiscal cliff which means we could go into a recession, which means people are going to have to cut back on all kinds of things, one of those things would be their trip to wherever, driving their car, maybe they will take a bus instead, won't that bring down prices a little bit? >> it certainly will if we go over the fiscal cliff, that could send the country into recession. that's the whole fear here is that we do go over the cliff and then yes, gas prices are likely to move lower. they could move substantially lower. but there has been some talk on the front of the fiscal cliff. there's some sort of resolution that will likely be hammered out, and so i don't really foresee us going off the said cliff, but certainly gas prices may be lower in 2013, even if there's some sort of resolution, we may fall in a yearly average somewhere between 2011 and 2012 average, so it may be a bad year but shouldn't be as bad as what we saw this year. liz: patrick, it seems like every two or three years for the last several years, you know, the country goes into a panic attack
CNN
Dec 29, 2012 11:00am PST
if a budget deal is reached in washington. if if the u.s. economy falls off the fiscal cliff, it will have an impact around the world. haus sirken is a partner and fellow of the overseas markets and joins us from chicago. thanks for being with us on this weekend. the idea -- >> great being with you, martin. >> thank you. the idea of the world being affected by the fiscal cliff problem here in america wasn't really lost on the president after his meeting with congressional immediate leaders yesterday. let's listen. >> i'm modestly optimistic that an agreement can be achieved. nobody is going to get 100% what have they want. but let's make sure that middle class families and the american economy and, in fact, the world economy, aren't adversely impacted because people can't do their jobs. >> so that begs the question, hall. how are other countries preparing for this really precarious situation and one in which they really have no control. >> well, martin, there's not much they can do to prepare. what will happen, if the fiscal cliff turns out to take place, is that we'll start to see the eco
MSNBC
Dec 26, 2012 5:00pm PST
this fiscal cliff madness at the end of the day, is going to be on their terms because of the sequestration they forced from the debt ceiling threat which was irresponsible. the idea in the times today made you think these guys are out of the picture, they have some scuffling at the top. >> what do you make of the article itself? coming at it? do you think they are trying to gin up some kind of -- that is the people who are more interested in seeing this article put forth, they're trying to say the tea party is declining when it's not? >> i think it reflects that shift and the fact that you got more people and more money going into this thing. that's that grass tops part you spoke to. this happens in washington a lot. everyone wants their group to sound as powerful as possible. you wrote the book on hip-hop, with your blessing, i'd like to quote some lines tonight. i'm reminded the blessing's not all the way there. for the audience at home, i'm getting a skeptical look. would you rather be under paid or overrated. must people would be overpaid. in washington you want to be overpaid and over
CSPAN
Dec 28, 2012 9:00am EST
, corporations. i'm happy to be here today to talk to you about the fiscal cliff and how it might affect my business. i am mostly optimistic about our economy in the future, i have grave concerns about what is going on in congress and the potential fiscal cliff we are facing and the elimination of the tax cuts. a lot of the small business owners i talked to and know are in favor of keeping the tax cuts in place especially for the middle class. we believe in balanced approach and we think it's ok to allow the elimination of the tax cuts for the wealthy. as taxes increase, the taxes at my business will be effected and i will have less to pay for investments and new equipment, hiring new people, but personally my income tax rates will go up. it's already a financially constrained environment. but customers tax rates will go up creating less demand for my products and less revenue for me and less tax revenue for the government. i want to urge congress and senators to vote for keeping our tax cuts in place, especially for the middle class and pushing our fiscal crisis to a balanced approach. go
CNN
Dec 28, 2012 5:00pm PST
the fiscal cliff. it's a cliff that lawmakers built. they set the tuesday deadline, they knew it was coming for more than a year. but even now, they have done little to agree to a package before that time. keeping them honest, the people in this building have known what's coming on tuesday, yet they're only returning to this building to get back to work just now. senators came back yesterday. house members, well, they woet be back until sunday. this afternoon, house and senate leaders met with president obama at the white house. they talked for about an hour. afterwards, president obama said he was modestly optimistic. bypassing house speaker john boehner who had trouble getting his fellow republicans to agree to anything, the president called on senate majority and minority leaders harry reid and mitch mcconnell to work out a deal and then present it to a house. he also laid out a scaled down mini deal if they can't manage it. >> if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor, and i have asked senator reid to do this, put a bill on th
ABC
Dec 30, 2012 8:00am PST
if we do get past this fiscal cliff and address the debt ceiling, 2013 could actually be a good year for the economy. the housing market continues to recover. we do see an energy boom, as well, but, you know, i spoke with former treasury secretary robert rubin, as well and i think he summed it up by saying this really was a missed opportunity that we're seeing right here for some sort of grand bargain for a big deal to address the debt limit here and so far we haven't been doing that. >> and, bianna, i would not count on these guys finally getting their act together in any significant way even if we get a mini deal. thank you so much to both of you. bianna and leigh, thank you for joining us here on "this week." >>> finally your voice this week. today's question comes from christy miller jones from facebook who says "my 16-year-old has a twitter account with 34,000 plus followers. where do you see journalism heading in 15 years? what advice to the next generation of journalists would you give?" well, thank you for that question, christy. i would say regardless of what form americans
CSPAN
Dec 28, 2012 2:00pm EST
's attention and that of the media is on the fiscal cliff, and i understand that. economy of the nation and the world may be at stake here. i think that sooner or later, there will be some kind of an agreement. will we are talking about here is a fundamental change in the ruling, the possibility of a fundamental change in the way the senate does business peeping basically changing the rules of the senate from either 60 votes, sometimes 67, to 51 votes, which would make as no different than the house of representatives, and of course would reduce us in many respects not to irrelevance in the minority party. here is the problem. on one side, the majority leader and the democrats are frustrated by their inability to move forward with legislation. every time there is an opposition to a motion to proceed, which takes days and then they proceed, and that has made the united states congress -- one of the reasons why the united states congress is judged the least productive congress since the year 1947. so, understandably the majority is frustrated with their inability to move legislation. on t
FOX News
Dec 30, 2012 9:00pm PST
to say, look, we won an ideological fight that the fiscal cliff is just a minor blip with you in the long run they actually won a large chunk of what they've been after? >> we're going to have to see what is the impact in the the days ahead. can the republicans somehow turn that around? they certainly, inside the white house believe just the opposite because they believe that john boehner was sort of out maneuvered here, he had been pressing the president, pressing the president for some of his issues and what boehner may have forgotten is at the end of the day if there's no action by the congress, all of the bush tax rates are expiring, so the president is going to get what he's wanted in this debate all along, which is that taxes are going up on the rich and-- >> the president's outmaneuvered the republicans from the very beginning on this. >> ed doesn't have to answer that question. >> and kimberly, we're going to give you the last question, before we go to mike emanuel. >> i have a civilized question for mr. henry. >> and civilized-- >> my goodness, bob. >> it sounds worse than the ne
MSNBC
Dec 28, 2012 2:00pm PST
. >> that was the president of the united states making a statement just about the talks on the fiscal cliff that he had been having with congressional leaders this afternoon. he said it was the bare minimum that congressional leaders could come up with a deal and it was the wrong thing to do to allow taxes to come up. i want to bring in christin welker. christin, it sounded like the president was saying he's got at least an agreement that should be an up or down vote, no matter what the agreement looks like on the senate and then on to the house. is that what you heard, too? >> reporter: that is what i heard. he essentially said, look, i asked reid and mcconnell to get some sort of a compromise if they can't do this in a reasonable time, he's asking them to give an up or down vote on this bare minimum package that he outlined last friday that he talked about today, as well, extending the tax cuts as well as sort of staving off some of those deep cuts that are set to go into effect. but he also said he's modestly optimistic, which suggests this is certainly not a done deal. you also heard him talk about the
CNN
Dec 28, 2012 11:00am PST
mobile app. >>> from the cnn money newsroom in new york, i'm ali velshi. this is your money. the fiscal cliff is a battle of ideological wills. some americans feel strongly that increasing taxes hurts the economy. quite possible that it will. but the central question is whether it will hurt all that much to raise income taxes a little bit on the highest earners in the country. well, to push the country to the edge of a recession over this is irresponsible. the increase will hardly affect the economy. but that's my opinion. and my opinion should count as much as anyone else's. the problem is that in washington one person's opinion carries disproportionate weight and that person is grover norquist. he's the head of americans for tax reform. they have got the pledge that mostly republican members of congress signed to say they won't increase taxes. now, understand this. the top marginal tax rate going from 35% to 39.6% is not a tax increase. it is a return to tax rates that would have taken place after the temporary bush tax cuts expired and got extended. so the way i see it, that cuts wit
CBS
Dec 28, 2012 7:00am PST
to vote on whatever fiscal cliff bill the senate passes one day before the deadline and warnings of a recession that the rahled wall street and consumer confidence. >> they know it will have a negative impact on the economy and they know it will have a negative impact on them and their families and they are expecting us to be here to work and we're not. >> reporter: real deadlines are approaching. 2 million americans out of work for more than six months start losing their jobless benefits tomorrow and the nation runs out of borrowing authority to finance our $16 trillion debt on monday. the treasury department says it can use extraordinary measures to avert default until february extraordinary, that's a word that might apply to this entire fiscal cliff situation. >> major garrett, thank you very much. >>> republican senator bob corker of tennessee has offered proposals in recent weeks to break the stalemate in congress. senator, good morning, good to see you. >> good morning, jeff good to be with you. >> are we going over the cliff? >> well it depends on wha
KRON
Dec 27, 2012 7:00am PST
is the fiscal cliff. lawmakers start coming to the not bother to pay any attention to it until after the election. had they put politics aside and dealt with the earlier who knows how strong the u.s. economy would be right now. >> 9 4:01 a.m. we will be back with more in a couple of minutes. less than a live look outside. sunshine never were including marijuana of crete. seven on 680 is nice in light. >> we are here from 4 to 10. at 10:00 is dr. field every day here on the kron 4 station on the kron 4 morning lows. we are followed by dr. philip welcome back to the kron 4 morning news. >> the country is inching closer to the falling of the so-called fiscal cliff. a series of tax hikes and spending cuts to take effect in five days. >> house and senate members are expected to reconvene today as well. without a budget agreement, automatic tax increase for everyone in the spending cuts will be triggered and the new year. >> taxes go up if congress does not act. >> former president a w. bush sr. is in intensive care is in hospital this morning. >> mr. bush's been hospitalized there since l
Search Results 0 to 29 of about 30 (some duplicates have been removed)